KENYA– Leading organizations in agricultural policy, trade, and technology transfer met in Nairobi in early December 2018 to identify bottlenecks in the implementation of harmonized seed regulations within the Eastern and Southern Africa region and develop an action plan towards eliminating challenges….
NIGERIA – The eleven electricity distribution companies (Discos) in Nigeria’s power sector on Wednesday warned that an order by the Nigerian Senate asking the Nigeria Electricity Regulatory Commission (NERC) to suspend their implementation of the new electricity tariff it recently approved for…
EGYPT – The Ministry of Investment formed a joint committee with the Ministry of Industry and Foreign Trade to determine the sectors and activities that will be prioritised in the allocation of free government lands.
AFRICA – Fuel contributes an average of 70 to 80 per cent of operational costs for African airlines. This is against a global average of 40 to 50 per cent, which explains why African carriers charge higher passenger fares than other airlines.
NIGERIA – For the first time in the history of any capital market in Africa, Nigeria is set to commence 24 hours trading settlement circle, even as investors in the Nigerian Capital market are now to get dividend payment within 24 hours…
NAMIBIA – Namibia wants new laws passed within a year compelling mining firms to have a minimum 20% stake reserved for the black majority, before issuing or renewing prospecting and mining licences as part of an empowerment drive to fight poverty.
TANZANIA – A Canadian-based mining company has threatened to take legal action against President John Magufuli’s government if it goes ahead with plans to retake operations of the Buckreef Gold Mine owned by State Mining Corporation (Stamico).